Sypris Solutions (NASDAQ:SYPR) Releases Earnings Results, Misses Expectations By $0.17 EPS

Sypris Solutions (NASDAQ:SYPR) released its earnings results on Tuesday. The auto parts company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.17), FiscalAI reports. The company had revenue of $25.81 million for the quarter, compared to analyst estimates of $22.70 million. Sypris Solutions had a negative net margin of 5.29% and a negative return on equity of 33.62%.

Sypris Solutions Stock Performance

NASDAQ:SYPR opened at $2.79 on Tuesday. Sypris Solutions has a twelve month low of $1.58 and a twelve month high of $4.74. The company has a current ratio of 1.28, a quick ratio of 0.44 and a debt-to-equity ratio of 0.90. The company has a 50-day moving average of $3.30 and a 200-day moving average of $2.89. The firm has a market cap of $64.25 million, a price-to-earnings ratio of -9.96 and a beta of 0.87.

Wall Street Analyst Weigh In

Several equities analysts have commented on SYPR shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a research note on Tuesday, April 21st. Wall Street Zen cut shares of Sypris Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Sypris Solutions

A hedge fund recently bought a new stake in Sypris Solutions stock. XTX Topco Ltd acquired a new stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,133 shares of the auto parts company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 44.66% of the company’s stock.

About Sypris Solutions

Sypris Solutions, Inc (NASDAQ: SYPR) is an engineering and manufacturing company headquartered in Tampa, Florida. The firm operates through two primary business segments—Contract Manufacturing and Power Solutions—delivering precision components, subassemblies, and service solutions to original equipment manufacturers (OEMs) and aftermarket customers. Sypris Solutions caters to a diverse range of end markets, including heavy truck, automotive, defense, and industrial power generation.

Within its Contract Manufacturing segment, Sypris Solutions offers end-to-end capabilities from design and prototyping to toolmaking and final assembly.